On March 24, 2025, Magnolia Properties acquired 6049 Blackthorne, a desirable corner-lot property in Lakewood, CA. The existing home was completely renovated, and two new backyard units were constructed, each designed as a 1,200 SF three-bedroom, two-bath layout.

Construction was completed in March 2026, and the property is now held as a stabilized three-unit rental following the completion of a cash-out refinance.